Price movement for US domestic and import standard pipe maintain stability

Thursday, 30 July 2015 23:54:57 (GMT+3)   |   San Diego
       

Prices, order activity and inquiries for both the US domestic and import Grade A electric resistance welded (ERW) black plain end (BPE) standard pipe are still “trucking along,” according to sources, who note that current market conditions are “uninteresting.”


Prices since our last report a week ago are sideways; the most commonly reported US domestic spot price transaction range continues to hold at $42.50-$43.50 cwt. ($937-$959/mt or $850-$870/nt), ex-Midwest mill, while import offer prices from Korean, Turkish and Vietnamese mills remain at about $33.00-$34.00 cwt. ($728-$750/mt or $660-$680/nt), DDP loaded truck in US Gulf coast ports.  “There just isn’t much going on,” according to another source, “the market is boring.”


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